12 NOV – Cabinet approves PLI scheme worth about Rs 2 lakh crore: FM

    New Delhi: The government on Wednesday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 lakh crore over a five-year period.   The scheme will help encourage domestic manufacturing, reduce imports and generate employment as the…

11 NOV – GECF Ministerial Meeting and associated events to be held virtually

  The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic.   The 22nd Ministerial Meeting will discuss the current issues related to…

11 NOV – G20 countries still backing fossil fuels through COVID-19 response

  ROME,The G20 major economies are “moving in the wrong direction” in response to the coronavirus pandemic by using stimulus spending to support industries and companies that rely heavily on planet-warming fossil fuels, researchers said on Tuesday. Despite repeated pledges to end subsidies for oil, gas and coal, G20 governments continue to fund fossil fuels,…